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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (51305)	6/4/2013 10:17:30 PM
From: Fintas	Read Replies (1) \| Respond to of 218601

I'm not seeing that wedge in a pnf. In fact the default shows the break down aka tail down that has more to go.. As one tweaks the smaller numbers one will see where bounces will rise and FAIL. I gave that earlier today. That was then. After todays action of pushing 1646 the dip to near 1620 and then up to the 1636 ish to FAIL and finishing at the 1631. That finish today and it's pattern using smaller box sizes supports ANY bounce will be ho hum. YET that break in the default will stay in tack. As it does the larger box valuations I presented will continue down. BUY BUY BUY ONLY if YOU are very very good or have deep pockets to size in to lower your cost basis.. Again for those suggesting NEW HIGHS. I disagree. We will not go straight down. We will drop down to areas many have suggested. Whether it be a 1609 a 1600/ 1588/ 1551.. or lower as in 1457 or lower as in 1375 and yup 1350. It will take time but as that plays out many will look back and realize what they are looking at now is the HEAD that will lead to the shoulders. Unfortunately that head and neck will resemble ICHABOD CRANE when it's done. SO do your thing. Fintas